Pacific Capital Wealth Advisors Inc. Acquires Shares of 1,150 The Walt Disney Company (NYSE:DIS)

Pacific Capital Wealth Advisors Inc. bought a new position in shares of The Walt Disney Company (NYSE:DIS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,150 shares of the entertainment giant’s stock, valued at approximately $104,000.

A number of other large investors have also recently made changes to their positions in DIS. Avitas Wealth Management LLC boosted its position in shares of Walt Disney by 2.2% in the fourth quarter. Avitas Wealth Management LLC now owns 11,037 shares of the entertainment giant’s stock valued at $997,000 after acquiring an additional 238 shares during the period. WNY Asset Management LLC increased its holdings in shares of Walt Disney by 32.8% in the third quarter. WNY Asset Management LLC now owns 9,321 shares of the entertainment giant’s stock worth $756,000 after purchasing an additional 2,304 shares during the period. Pathway Financial Advisors LLC raised its position in shares of Walt Disney by 4.9% in the third quarter. Pathway Financial Advisors LLC now owns 3,024 shares of the entertainment giant’s stock worth $245,000 after buying an additional 141 shares in the last quarter. Telos Capital Management Inc. grew its position in Walt Disney by 1.7% during the fourth quarter. Telos Capital Management Inc. now owns 74,767 shares of the entertainment giant’s stock worth $6,751,000 after buying an additional 1,236 shares in the last quarter. Finally, Tempus Wealth Planning LLC grew its position in Walt Disney by 4.5% during the third quarter. Tempus Wealth Planning LLC now owns 12,722 shares of the entertainment giant’s stock worth $1,031,000 after buying an additional 546 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on DIS shares. Guggenheim lifted their price target on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, April 3rd. Macquarie increased their price target on shares of Walt Disney from $94.00 to $104.00 and gave the stock a “neutral” rating in a report on Thursday, February 8th. Bank of America lifted their price objective on shares of Walt Disney from $130.00 to $145.00 and gave the stock a “buy” rating in a report on Monday, April 1st. Needham & Company LLC reissued a “buy” rating and issued a $145.00 target price on shares of Walt Disney in a research note on Tuesday. Finally, Barclays cut their price objective on Walt Disney from $135.00 to $130.00 and set an “overweight” rating for the company in a report on Wednesday. One analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $126.46.

Insider Activity at Walt Disney

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of the business’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $121.92, for a total value of $226,405.44. Following the sale, the executive vice president now directly owns 4,400 shares of the company’s stock, valued at $536,448. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.10% of the stock is currently owned by corporate insiders.

Walt Disney Trading Up 0.1 %

DIS stock traded up $0.07 on Wednesday, reaching $105.46. The company’s stock had a trading volume of 15,221,881 shares, compared to its average volume of 12,100,998. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.77 and a current ratio of 0.84. The business has a fifty day simple moving average of $114.59 and a two-hundred day simple moving average of $101.21. The firm has a market cap of $193.45 billion, a PE ratio of 65.10, a PEG ratio of 1.39 and a beta of 1.40. The Walt Disney Company has a 12-month low of $78.73 and a 12-month high of $123.74.

Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. Walt Disney had a net margin of 3.36% and a return on equity of 7.88%. The firm had revenue of $22.08 billion for the quarter, compared to analyst estimates of $22.12 billion. During the same quarter in the previous year, the firm posted $0.93 EPS. The company’s revenue for the quarter was up 1.2% compared to the same quarter last year. As a group, research analysts forecast that The Walt Disney Company will post 4.7 EPS for the current year.

Walt Disney Company Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.